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DRV
Your Position
Balance
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Est. Weekly stDRV Rewards
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Est. Weekly OP Rewards
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EigenLayer Points
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Options Yield...
Automated strategy selling out-of-the-money call options on rswETH to generate USDC yield. Yields often vary between 10-50% p.a.
DRV Rewards3x Multiplier
Earn stDRV for depositing your rswETH into Derive.
EigenLayer PointsVariable
Earn EigenLayer points for restaking to secure the AVS network.
ETH Staking Rewards...
Earn ETH staking rewards for securing the Ethereum network.
Risks
Principal RiskConversion of collateral to USDC: If the covered call finishes in the money (i.e. the price of the asset finishes above the strike price of the option), a fraction of the LRT collateral will need to be sold in order to pay off the value of the call on expiry. The key risk to selling covered calls is that asset holders miss out on price appreciation of their asset, beyond the strike price of the option.
Smart Contract RiskInteracting with any smart contract carries the risk of losing access to your funds. The immutable nature of smart contacts makes it difficult and potentially impossible to recover them.
Other RiskHolding a Liquid Restaking Token (LRT) carries its own set of risks, including but not limited to smart contract bugs, Ethereum bugs, restaking penalties, price fluctuations and key management problems. If options expire in-the-money, LRT collateral will need to be swapped for USDC on settlement. Available LRT spot liquidity on the exchange and the amount of LRT collateral to be liquidated could factor in to longer settlement times, in order to ensure quality of execution. Learn more
DisclaimerAny figures or numerical statements expressed on this interface such as total earnings, return or annual percentage yield are for estimation and informational purposes only and are not guaranteed. Users should consult with qualified professionals before making a decision to use this interface. Your use of the interface is subject to market risk and may result in a negative return. While we make every effort to ensure the interface is up to date, we do not guarantee the accuracy, completeness or currency of the information on this interface. Users are expected to exercise due diligence and verify information independently.
Vault HistoryView trade history of the vault
Time
Instrument
Status
Direction
Amount / Price
Total / Fee
Liquidity
Tx
5w
ETH $2000 CallMar 14 Exp
Order
Filled
Sell
69.00$0.10
$6.90$2.36
Taker
5w
ETH $2000 CallMar 14 Exp
Order
Filled
Sell
69.00$0.20
$13.80$1.73
Maker
6w
ETH $2200 CallMar 7 Exp
Order
Filled
Sell
69.00$19.00
$1,311.00$61.69
Taker
7w
ETH $2600 CallFeb 28 Exp
Order
Filled
Sell
69.00$0.20
$13.80$2.38
Taker
7w
ETH $2600 CallFeb 28 Exp
Order
Filled
Sell
33.00$0.30
$9.90$1.55
Taker
7w
ETH $2600 CallFeb 28 Exp
Order
Filled
Sell
55.00$0.40
$22.00$3.28
Taker
7w
ETH $2600 CallFeb 28 Exp
Order
Filled
Sell
66.00$0.50
$33.00$5.63
Taker
7w
ETH $2600 CallFeb 28 Exp
Order
Filled
Sell
22.00$0.60
$13.20$1.65
Maker
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